2 days agoStarting reduces production, decides to fire 9 thousand workers
Periskopi(2 years ago)
(2 years ago)Japanese car manufacturer Nissan is expected to reduce the number of workers for nine thousand. This company is also expected to reduce its global production capacity by 20 percent. Furthermore, it has become known that these steps are being taken in an effort to reduce costs by $2.6 billion in the current fiscal year [...]
Japanese car manufacturer Nissan is expected to reduce the number of workers for nine thousand.
This company is also expected to reduce its global production capacity by 20 percent.
Furthermore, it has become known that these steps are being taken in an effort to reduce costs of $2.6 billion in the current fiscal year following the decline in sales in China and the United States, Reuters.
The plans reflect the vulnerability of Japan's third largest automotive producer.
Nissan is also selling up to 10% of his shares in Mitsubishi Motors to raise up to $445.45m.
